Dhammika, RCL in Rs. 20 b takeover bid of Hayleys
Raala at 02h21
28
Jan
2011
Dhammika, RCL in Rs. 20 b takeover bid of Hayleys
January 28, 2011 @ 3:17 am
Acting in concert, trigger SEC’s Takeovers and Mergers Code by crossing 30% stake in manufactured export rich diversified blue chip and one of few oldest Lankan multinationals
It was untouched as well as impregnable for years, but finally two men – who are often underestimated – made it against the odds.
The duo, Dhammika and Nimal Perera – unrelated but best of buddies
January 28, 2011 @ 3:17 am
Acting in concert, trigger SEC’s Takeovers and Mergers Code by crossing 30% stake in manufactured export rich diversified blue chip and one of few oldest Lankan multinationals
It was untouched as well as impregnable for years, but finally two men – who are often underestimated – made it against the odds.
The duo, Dhammika and Nimal Perera – unrelated but best of buddies
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This is not a new development and it has been going on for last 3,4 months.
I am reporting it here for the benefit of those who joined recently and also since it was on the news ( www.ft.lk ) today.
In brief :-
a. As per the above news item
Hayleys PLC
Major shareholder of Hayleys has given a mandatory offer to acquire 51%
Why?He is confident to buy hayleys at this price
He knows what's happening at Hayleys
Why Haylesy remained at this level while late entrants have gone
Dhammika Perera Next Target #ACME it's possible to break 35.00 Rupees.
Leading flexible packaging manufacturer in Sri Lanka, providing quality flexible packaging solutions for a period spanning over 50 years. Our continuous efforts to enhance our
http://www.elakiri.com/forum/showthread.php?t=641596
Open for discussion ....
We need to takeover the world
because we can. Or atleast do something really good for it. So yeah, this is a thread about said subject
ROCK ON
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28/01/2011 at 02h21 by "Raala"
